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N. Korea orders military takeover of inter-Korean factory

Ahn Young-Joon, Associated Press  |  Posted  Feb 11th - 3:20am

North Korea on Thursday ordered a military takeover of a factory park that had been the last major symbol of cooperation with South Korea, saying Seoul's earlier suspension of operations at the jointly run facility as punishment for the North's recent rocket launch was a "dangerous declaration of war."

As industry shifts, Las Vegas cabs do some soul-searching

Michelle Rindels, Associated Press  |  Posted  Feb 11th - 12:31am

The arrival of Uber and Lyft in Nevada last fall and a state audit accusing regulators of allowing cabs to charge $47 million in excessive fees each year have the powerful Las Vegas taxi industry and its overseers in the hot seat, facing down a recommendation that the agency be disbanded and its duties passed to another entity.

Fantasy sports companies defend embattled industry

Philip Marcelo, Associated Press  |  Posted  Feb 10th - 11:12pm

Daily fantasy sports companies say their industry remains viable despite a rocky start to 2016.

Hong Kong, Seoul stocks sharply lower after holidays

Youkyung Lee, Associated Press  |  Posted  Feb 10th - 9:31pm

Asian stocks shuddered again Thursday, led by sharp drops in Hong Kong and South Korea, which were catching up to global market turmoil after being shut for Lunar New Year holidays.

S. Korea shuts down joint industrial park with N. Korea

Ahn Young-Joon, Associated Press  |  Posted  Feb 10th - 9:21pm

South Korean workers on Thursday began shutting down a jointly run industrial park in North Korea, a move that will end, at least temporarily, the Koreas' last major cooperation project as punishment over Pyongyang's recent rocket launch.

All-male legislative committee blocks bill to eliminate tax feminine hygiene products

Katie McKellar  |  Posted  Feb 10th - 8:11pm

A bill that would eliminate Utah's sales tax on diapers and feminine hygiene products was struck down by a House committee Wednesday.

Senate passes bill to hit North Korea with harsher sanctions

Richard Lardner, Associated Press  |  Posted  Feb 10th - 8:01pm

Seeking to derail North Korea's drive for nuclear weapons, Republican and Democratic senators set aside their partisan differences Wednesday to unanimously pass legislation aimed at starving Pyongyang of the money it needs to build an atomic arsenal.

Michigan governor plans $360M for Flint, infrastructure

David Eggert, Associated Press  |  Posted  Feb 10th - 6:10pm

Michigan Gov. Rick Snyder on Wednesday proposed spending hundreds of millions more dollars to address Flint's water crisis from lead contamination and to update pipes there and across the state — a plan that lawmakers from both parties generally welcomed as moving in the right direction with the proper priorities.

Societe Generale shares slump on profit warning

The Associated Press  |  Posted  Feb 11th - 3:00am

Shares in Societe Generale slumped Thursday after the French bank warned it would not achieve a targeted increase in profitability this year.

Sweden cuts key interest rate to minus 0.50 percent

The Associated Press  |  Posted  Feb 11th - 2:40am

Sweden's central bank has decided to cut its key interest rate to a record low of minus 0.50 percent, saying the measure is necessary to safeguard the bank's target of increasing inflation, which was still "not on a firm footing."

Hospital revaccinating patients after refrigeration issue

The Associated Press  |  Posted  Feb 11th - 2:30am

A New Hampshire hospital is working to revaccinate hundreds of children after discovering that its vaccines were stored at inconsistent temperatures.

Nokia says quarterly profit rose but cautions on outlook

Matti Huuhtanen, Associated Press  |  Posted  Feb 11th - 2:20am

Nokia saw fourth quarter profit grow more than 50 percent to 498 million euros ($560 million) on a slight increase in sales, but the telecom networks company cautioned it would face some "market headwinds," especially in China.

Oil price drop pushes Total profit down 26 percent

The Associated Press  |  Posted  Feb 11th - 2:10am

Total says its fourth quarter earnings skidded 26 percent as the collapse in oil prices hit another global energy giant.

Congress likely to give final OK to local Internet tax ban

Alan Fram, Associated Press  |  Posted  Feb 11th - 2:00am

State and local governments would be permanently barred from taxing access to the Internet under a bipartisan compromise that Congress is a step away from sending to President Barack Obama.

Rio Tinto posts $866M loss, blames deteriorating economy

The Associated Press  |  Posted  Feb 11th - 1:50am

Mining company Rio Tinto said Thursday it suffered a loss of $866 million in 2015 as deteriorating economic conditions around the world pressured prices of commodities such as iron ore and coal.

North Korea says it will freeze all South Korean assets and equipment at jointly run factory park with South

The Associated Press  |  Posted  Feb 11th - 1:10am

North Korea says it will freeze all South Korean assets and equipment at jointly run factory park with South.

New Nebraska Medicaid bill reopens old divide in hearing

Grant Schulte, Associated Press  |  Posted  Feb 10th - 7:01pm

The newest attempt to expand health care coverage with Medicaid dollars reopened an old divide Wednesday before a Nebraska legislative committee.

EPA extends deadline to March 29 at Nevada Superfund site

The Associated Press  |  Posted  Feb 10th - 7:01pm

The Environmental Protection Agency has agreed to give Nevada another 60 days to decide if it wants to oppose the agency's plan to declare a toxic, abandoned mine in Yerington a priority Superfund site.

Insurers back proposed California health plan tax

Jonathan J. Cooper, Associated Press  |  Posted  Feb 10th - 6:40pm

Most of California's health insurance companies said Wednesday they're supporting Gov. Jerry Brown's plan to restructure a tax on health plans.

Army pays woman $820,000 to settle sexual harassment case

Julie Watson, Associated Press  |  Posted  Feb 10th - 6:10pm

The Army has paid $820,000 to settle a lawsuit by a former military police trainee who says she was fired after she filed a sexual harassment complaint against a supervisor, defense lawyers said Wednesday.